Anyone Holding Tesco Shares ?

[Pete]

Having just sold all my Tesco shares on Monday October 3rd for a nice profit, I was horrified to see the chart today.

What a gain for anyone holding Tesco  !!

[oliversw5]

Still think they are a sinking ship personally. Having had employment in one of the busiest tesco's in the country they have opted to go down the route of consistently screwing the workforce.

[nr73]

Still think they are a sinking ship personally. Having had employment in one of the busiest tesco's in the country they have opted to go down the route of consistently screwing the workforce.

And everyone in the supply chain.

[HelpingHands]

Sadly both those actions have probably helped to protect and boost the share price.

[Pete]

1 hour ago, oliversw5 said:

Still think they are a sinking ship personally. Having had employment in one of the busiest tesco's in the country they have opted to go down the route of consistently screwing the workforce.

Following the Wal-Mart model perhaps ?

[Paul]

As the 'bottom line' £££ is the main concern for these big supermarkets and you are annoyed by their work practices why don't people just vote with their £ and don't use them full-stop. Refuse to use their self service chekcouts.  Vote with your wallet and your fiat debt tokens

As I'm more or less a full paleo diet, very little of the mass produced pre-packed stuff supermarkets sell is of interest to me anyway, dont eat bread, fresh fish ? you're having a laugh !

Dried herbs, spices they are useful for

I have my local fruit and veg wholesaler who supplies most of the restaurants 5 mins drive away, great meat from independent butchers, have a couple of half decent farm shops locally, and speciality stuff can be ordered online

If I pass through an Asda, Morrsions or Tesco it will be never more than a hand baskets worth of stuff 

With just a little effort on your own part, doing the research and trying what you have locally you can be buying much better quality stuff for yourself and family

Learning how to cook properly is not difficult, YouTube has anything and everything you need to do it yourself.  There are only 7 days in a week, you don't need to be a trained chef to cook well.  Just learn to cook x7 dishes you love, well.  Print off recipes, add your own tweeks, something not right this time to your likely change it next time

Back on subject, was the share spike up a result of Mrs May's speech on Brexit etc. or something else

[Uwink]

Don't know the answer to that....but I have just sold the few shares I had, before it collapses again. Waited a long time for that spike...I will cut and run with a small profit! More for Sovs 

[Pete]

2 hours ago, Paul said:

Back on subject, was the share spike up a result of Mrs May's speech on Brexit etc. or something else

No the spike followed the announcement of increased sales apparently.
With such a high P/E I cannot understand the sudden double digit growth and all the financial pundits are sitting on the fence.
I sold on Monday because the share price had risen and locked in a profit but had I waited 2 days i would have more than doubled my profit.
Shares are like PMs - they fall after you buy and rise after you sell.

[watchesandwhisky]

I know AIM is not quite the same as a major FTSE company, but check this out for a rise !! it closed over 400% up in the last half hour of trading. Some poor person sold 12.5k worth at 0.25 just before the rise, peaked at over 0.80, ouch!

Nu-Oil and Gas plc (NUOG)

[HawkHybrid]

4 hours ago, Pete said:

With such a high P/E I cannot understand the sudden double digit growth

 

9 hours ago, Pete said:

Having just sold all my Tesco shares on Monday October 3rd for a nice profit

 

I think you've done well enough.

there always room for improvement, it could have

just as easily gone against you. picking the tops

and bottoms in any market is difficult. learn from

your experiences and review your strategy to

improve your chances of better returns next time.

 

with the knowledge available to you at the time,

should you have done better?

 

HH

[sovereignsteve]

Always leave some profit for the next man

[watchesandwhisky]

Bought 60 shares in EZJ today at £8.91 each.

Not exactly a great time for travel right now with the weak pound but hopefully will see some nice gains long term. 

[Pete]

Just sitting tossing a coin whether to buy "Capita" as the price looks attractive following some pretty hefty recent falls BUT there may be a sting in the tail - what do you reckon ?

[BaldyBob]

Looked at Capita, but worry they may be the next Serco.

[Pete]

On 07/10/2016 at 20:52, BaldyBob said:

Looked at Capita, but worry they may be the next Serco.

... or that company that maintained ( badly ) the railways and school buildings (?) etc. - Jarvis I think.

[Pipers]

I personally don't like AIM the the companies can just go bust plus there is no regulator just some light touch I think they are called nomads and are as useful as a chocolate frying pan.  That's why it took a idiot like Osborne to allow AIM stocks  into ISA's.  The majority of AIM basically are no better than penny stocks or having a punt on the horses, though there are a few good companies on there well I think they are but we will never know unlike if they were listed on the FTSE because on AIM no one knows what is going on in the company. 

 

[MerlinAurelius]

Always leave the last 10% for someone else.  In and out of stocks like a cold shower.  

[Cointreau]

On 07/10/2016 at 15:11, Madstacks said:

Bought 60 shares in EZJ today at £8.91 each.

Not exactly a great time for travel right now with the weak pound but hopefully will see some nice gains long term. 

That was good timing!

[watchesandwhisky]

Cheers Cointreau, It has been pretty good, I took a few more closer to £10 so my average is now a bit higher, but ticking along nicely and a good 53.8p divi in march. 

[sovereignsteve]

15 hours ago, Cointreau said:

That was good timing!

what's the total cost of these inc commission and tax?

[watchesandwhisky]

Tax free in an ISA, The commision on FTSE shares is very minor, it was £10.78 to sell and £10.79 to buy today, transaction cost is £11.95 per trade on Hargreaves however this goes down to £5.95 per trade if you make over 20 a month, or £8.95 if over ten.

There is cheaper trading platforms available, But I like hargreaves - its well laid out and I trust them more with my money than some of the other companies. Plus they are excellent for funds (something I now save £200 per month spread over 8 funds) 

[sovereignsteve]

Thanks. It's been a while since I physically bought any shares. I used to deal on HL too and found them as you did.

[watchesandwhisky]

Yep they are good, and have been helpful when I had some login problems. 

I have to be honest gambling on the stock market nearly wiped my savings out! But that was my fault for using it as a casino - speculating on very high risk easily manipulated "penny shares" looking for fast returns , a very costly mistake hard learnt.

But - I would not now be making regular savings into established funds and Respectable FTSE dividend paying companies had I not done it. 

Accumulation funds and dividend paying FTSE companies only now..I fully expect the stock market to crash hard at some point, but I will ride it out long term with the same regular savings each month and let compound interest work its magic.

My silver stacking has mostly stopped, and stack is a mere 150 oz now...I just pick up silver under spot when i can at antique fairs and boot sales. 

I still love silver and gold for what they are, but I don't want to miss out on compound interest over the next 35 years so am keeping what I have and buying extreme bargains only.

 

 

[Pipers]

On 01/10/2017 at 17:50, Madstacks said:

Yep they are good, and have been helpful when I had some login problems. 

I have to be honest gambling on the stock market nearly wiped my savings out! But that was my fault for using it as a casino - speculating on very high risk easily manipulated "penny shares" looking for fast returns , a very costly mistake hard learnt.

But - I would not now be making regular savings into established funds and Respectable FTSE dividend paying companies had I not done it. 

Accumulation funds and dividend paying FTSE companies only now..I fully expect the stock market to crash hard at some point, but I will ride it out long term with the same regular savings each month and let compound interest work its magic.

My silver stacking has mostly stopped, and stack is a mere 150 oz now...I just pick up silver under spot when i can at antique fairs and boot sales. 

I still love silver and gold for what they are, but I don't want to miss out on compound interest over the next 35 years so am keeping what I have and buying extreme bargains only.

 

 

Don't forget when interest rates go up in the future to put some into gilts long term ones. This will balance your portfolio. Bonds are boring but do pay better returns some years if you want to buy corporate bonds (I have not) then do not buy junk bonds!

[watchesandwhisky]

CF Lindsell Train UK Equity (Class D) Accumulation	£25.00	£25.00
BlackRock Gold & General (Class D1) Accumulation	£25.00	£25.00
HL Multi-Manager Income & Growth Trust Accumulation	£25.00	£25.00
Legal & General UK 100 Index (Class C) Accumulation	£25.00	£25.00
Legal & General US Index (Class C) Accumulation	£25.00	£25.00
JPM Emerging Markets (Class Accumulation	£25.00	£25.00
CF Woodford Equity Income Accumulation	£25.00	£25.00
Jupiter India (Class X) Accumulation

 

That's my current regular monthly savings mate, open to changing it or adding to it - these are just funds I have personally picked so i'm sure it could be more balanced, I have tried to pick a combination of low fee and low spread funds, , The HL Multi-Manager has a bad spread but a decent yield with monthly dividends pumped back into the fund so I thought id see how that went.

Some of these funds have performed amazingly well in 2016, but if they go down significantly this year that just means more units for the same money so its all good for me. I have a 25 year plan with this so plenty of time to ride out any volatility.  Will be keeping to £200 per month no matter what but some months I have extra to put in, Will look into long term gilts.